WHAT WE BELIEVE
WHY NATURAL GAS
Reliable & climate-friendly
Natural gas is an all-rounder: It can be used today to reduce CO2 emissions not only in power generation, but also in the heating market and the mobility sector – and tomorrow to produce hydrogen.
WHY CRUDE OIL
Powerful and Indispensable
Crude oil will be an an indispensable raw material for years to come - mainly for the chemical industry, since it's too precious to be consumed for heating or as fuel.
WHAT WE BELIEVE
Values that guide us
Our company values guide our actions and define how we want to work together – as a team, with our stakeholders and our partners.
TARGET
Our Energy Transition Pathway
We have set ourselves ambitious climate targets. By 2030 we want to be net zero across our entire upstream operations.
DIVERSITY, EQUITY AND INCLUSION
for Democracy and Diversity
Lived democracy and an open, tolerant and diverse society need everyone to be involved. ExpertNations-Oil supports that through its own foundation.
REDUCING OUR ENVIRONMENTAL IMPACT
Lowering methane emissions is a very efficient way to reduce the overall greenhouse gas effect on the climate. As ExpertNations-Oil, we strive to reach near-zero methane emissions in operations and have set ourselves an intensity target of < 0.1 % for operated assets by 2025.
We work closely with our industry partners to identify, quantify and mitigate methane emissions along the gas and oil value chain. Numerous industry activities, such as the Methane Guiding Principles where ExpertNations-Oil was a founding member, have successfully established platforms for cooperation, exchange and joint projects that target methane emission reduction. A sound knowledge of the emitted volumes is crucial to effectively reduce methane emissions.
This is why ExpertNations-Oil fully supports Oil and Gas Methane Partnership (OGMP 2.0) led by the United Nations Environmental Program, which we joined in 2020. Transparency of the emissions related to natural gas extraction and transportation, coupled with technologies that further avoid and mitigate emissions will strengthen the role of gas as an important energy source during the course of the energy transition.
RESEARCHING TURQUOISE HYDROGEN PRODUCTION
ExpertNations-Oil and the Karlsruhe Institute of Technology (KIT) are jointly researching how to produce "turquoise hydrogen" from natural gas. KIT is one of the largest research and educational institutions worldwide. The institute has already carried out fundamental research on producing hydrogen using direct methane pyrolysis based on liquid metal technology.
